Textile & apparel manufacturers shipments drop slightly in August
05 Oct '05
2 min read
New orders for manufactured goods in August increased $9.7 billion or 2.5 percent to $395.2 billion, the US Census Bureau reported today.
This followed a 2.5 percent decrease in July.
Shipments, up for the fourth consecutive month, increased $6.6 billion or 1.7 percent to $393.5 billion.
This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.1 percent increase in July.
Unfilled orders, up for the fourth consecutive month, increased $9.2 billion or 1.6 percent to $590.0 billion.
This was at the highest level since the series began and followed a 1.0 percent July increase. The unfilled orders-to-shipments ratio was 4.15, down from 4.18 in July.
Inventories, down following two consecutive monthly increases, decreased $0.6 billion or 0.1 percent to $463.7 billion.
This followed a 0.6 percent July increase. The inventories-to-shipments ratio was 1.18, down from 1.20 in July.
Textile mill shipments for August stood at US $3.228 billion in August against revised figures of $3.322 billion in July, a drop of 2.8 percent.
Shipments of apparel products reached $3.404 billion registering 0.4 percent drop over revised July figures.
However, leather manufacturers shipments went up 2.4 percent over July, at $466 million in August. While chemical shipment rose by 1.1 percent over July figure at $46.735 billion.
marketing@alchempro.com
